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If You Were Newly Certified, What AMC/lenders Take You On?

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Valueseeker

Junior Member
Joined
May 19, 2016
Professional Status
Certified Residential Appraiser
State
Massachusetts
Hello board,


So as I become newly certified I wanted to start to work independently and acquire some clients to work with. My question is if you were newly certified, which AMC's or lenders can you work for? I'm finding that more and more lenders require being certified or licensed for 3 to 5 years.
 

BRCJR

Elite Member
Gold Supporting Member
Joined
Sep 20, 2005
Professional Status
Licensed Appraiser
State
Virginia
Stay with your mentor as long as possible, as long as you are being treated fairly. You can still learn a lot from mentorship after you receive that license.
 

timd354

Elite Member
Joined
Jan 11, 2008
Professional Status
Certified Residential Appraiser
State
Maryland
Hello board,


So as I become newly certified I wanted to start to work independently and acquire some clients to work with. My question is if you were newly certified, which AMC's or lenders can you work for? I'm finding that more and more lenders require being certified or licensed for 3 to 5 years.
Right now if you are located in Colorado, Oregon, Montana, North Dakota or Washington, I think that a new appraiser would have no problem at all obtaining plenty of work since these areas currently have a shortage of appraisers. In other areas obtaining clients with less than at 2 or 3 years experience can be very difficult
 
Last edited:

bnmappraisal

Elite Member
Gold Supporting Member
Joined
Nov 9, 2011
Professional Status
Certified Residential Appraiser
State
Florida
The above 3 posts all have valid/good points.
 

AMF13

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California

SillyMe

Sophomore Member
Joined
Mar 22, 2005
Professional Status
Certified Residential Appraiser
State
West Virginia
Clear Capital
 

SillyMe

Sophomore Member
Joined
Mar 22, 2005
Professional Status
Certified Residential Appraiser
State
West Virginia
In my market, they are very good to work with. I routinely receive $500 fees for 2055\REO and this week I have a 1004C for 1k and a 10 day turn time.

I never accept their proposed fees and quote everything.
 

Dumpers14

Member
Joined
Dec 1, 2008
Professional Status
Certified Residential Appraiser
State
Georgia
In my market, they are very good to work with. I routinely receive $500 fees for 2055\REO and this week I have a 1004C for 1k and a 10 day turn time.

I never accept their proposed fees and quote everything.
They are pretty much ****. Stips and annoying calls. They may pay you well but in most places they pay below 300 even when you ask for more. You may be one of a handful that has ever said CC IS GOOD. Most AMCs are garbage and CC, Coester, Imortgage/Single source, Valuation partners are leading the **** AMC pack.
 
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